Should TP on longs and try short Gap below not filled, resistance on 0.618 and 55 wk MA
Wait for the pullback and sell the high of EURGBP as france goes into election and UK seems to have a clear road to the future. Bearish EUR: Election is still an uncertainty. A frexit is still possible Bullish GBP: 1. Really undervalued from the real value calculated by BIS 2. Early election put conservative party at an unprecedented advantage in UK, and the PM...
Coming down from the last week's NFP, today's retail sales, CPI, and ahead of FOMC. Making lower lows and below the neckline of a potential double bottom on daily chart. Let's see if the support area holds after today's meeting. A hike is fully priced in and movement would be dependent on the speech delivered during the meeting.
AB=CD & Bat completed. Short-term bearish. Plan to close before NFP
DT completed. Still at the bottom of a downward channel. Not consider long/short